Facebook Expands Reels, Its Answer to TikTok. It Hasnt Helped Metas Stock. – Barrons

Meta Platforms is rolling out its short-form video offering, Reels, in more than 150 countries in a big bet on its answer to TikTok. Investors don’t seem excited thus far.

The company announced the Facebook Reels global expansion, as well as editing features and a handful of new ways for people to earn money from their content, on Tuesday, but Meta stock (ticker: FB) closed down 2% to $202.08. The Nasdaq Composite fell 1.2%.


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